Introduction
The world today faces economic recession. During such precarious times it is imperative that we learn the art of saving money. You can call this the dirty “money love”. It might make you seem shallow and greedy but we must curb expenditure for the welfare of the society. This money love will guarantee financial protection during bad times. It is especially beneficial for families by controlling current consumption they can save up for future plans such as a child’s education, healthcare during old age etc.
History
Most societies today promote a culture of consumption. This is as a result of globalization in general and the influence of media in particular. Our ancestors however practiced good money management techniques. Money love enabled them to think and make rational decisions. Most countries today run on a system of debt. This is because they spend more and save very little. The history of the Euro Zone crisis is such that countries like Greece, Poland etc accumulated more and more debt to fulfill the unwanted needs of their citizens. The emphasis of saving money was negligible. America is an example of a country that has never practiced frugality. For example during the Second World War there was burning desire to have a better and more luxuries lifestyle among the people. So much so that in 1926 journalists exclaimed that “thrift was un-American”.
Features
Many of these nations have paid a hefty price for not pursuing a policy of “money love”. Saving money can be turned into a fun task. It’s you who has to make it enjoyable. For example, if you are avoiding going to an expensive café for coffee you should purchase good quality coffee for drinking at home. This coffee might be a little expensive than some regular brand, but at least didn’t end up wasting a fortune by going to an expensive café. Cafés usually charge you triple the price of what the coffee is actually worth. Thus saving money is not all bad and you can still pamper yourself. In addition to this, the satisfaction you will get out of saving money will make you a happier person.
Tips and comments
Here are a few great tips that you can follow on your way to some money love. Firstly if you want to stick to the budget you need to form a list of items needed to be purchased before any shopping trip. This will prevent you from impulsively buying items you do not require. Also sales are an important way to save money. If you wait a little till the sale season (to buy an expensive item), it will show that you understand the need for money love. If there is a job around the house that you can do yourself, then you can save unnecessary costs incurred. DIY is always the best option. Another great tip is to buying in bulk. This way you pay much less. It is also wise to check prices of different store online so that you can ensure you get the best price.
